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He looks happy.... multiple large licences in great locations.... actually quite a big company by km2.... mcap way behind...
Next stage is to plan out the rest of the year work program.... JV......
Base.... rude, illogical, wishful, defamatory.... all in one post
I think this might be an interesting week or two coming up ..... quite excited....
One day soon she's gonna blow.....
(Naughty.. Ramp!!.... but is Friday)
Some very nice grades in there.... would love some more core photos on Twitter... always good
holes 2 and 3 from same location so hole 3 should come fairly soon too.
If they are all good then AYM will not be under 2p..... Happy Friday!
Parys Mountain drilling returns strong assays including 22.0m at 3.7% CuEq
Anglesey Mining plc (AIM:AYM), is pleased to announce that the assay results have been received from the recently completed drill hole NCZ001. Drill hole NCZ001 is the first hole from the infill drilling program of the Northern Copper and Garth Daniel Zones at the Company’s Parys Mountain Cu-Zn-Pb-Ag-Au VMS project on the Isle of Anglesey in North West Wales.
Drill hole NCZ001 was designed to provide a repeat of the historical drill hole H34, drilled in the early 1970’s, which intersected three mineralised zones that bulked out to 146 metres at 1.2% copper equivalent (CuEq). Due to the deviation of NCZ001, the intersection encountered is estimated to be approximately 75 metres up-dip from the H34 intersection and provides a valuable infill pierce point.
Garth Daniel Zone – Hole NCZ001
22.0m @ 2.3% Cu, 2.8% Zn, 1.3% Pb, 5.0g/t Ag and 0.03g/t Au (3.7% CuEq / 9.2% ZnEq) from a depth of 559m, including
4.0m @ 5.2% Cu, 5.0g/t Ag and 0.03g/t Au (4.9% CuEq) from 569m; and,
6.0m @ 2.5% Cu, 9.9% Zn, 4.7% Pb, 10g/t Ag and 0.1g/t Au (6.1% CuEq / 17.4% ZnEq) from 575m
Northern Copper Zone – Hole NCZ001
Significant intersections include:
11.0m @ 0.6% Cu, 1.4% Zn, 0.5% Pb, 9.0g/t Ag and 0.4g/t Au (1.3% CuEq / 3.6% ZnEq) from a depth of 503m including
4.0m at 1.1% Cu, 2.7% Zn, 1.0% Pb, 16g/t Ag and 0.7g/t Au (2.4% CuEq / 6.9% ZnEq) from 510m
63.0m @ 0.6% Cu, 0.06% Zn, 0.03% Pb, 3g/t Ag and 0.2g/t Au (0.7% CuEq) from a depth of 362m including
16.0m @ 0.9% Cu, 0.05% Zn, 0.02% Pb, 3g/t Ag and 0.2g/t Au (1.0% CuEq) from 382m
7.0m @ 1.3% Cu, 0.11% Zn, 0.05% Pb, 5.5g/t Ag and 0.2g/t Au (1.3% CuEq) from 404m
13.0m @ 0.5% Cu, 0.05% Zn, 0.01% Pb, 2g/t Ag and 0.1g/t Au (0.5% CuEq) from a depth of 455m
***CuEq and ZnEq grades are based on recovery factors and commodity prices as detailed on page 9 of this release***
Andrew King, Interim Chairman of Anglesey Mining, commented: “We are very encouraged by the broad widths encountered across both the Garth Daniel and Northern Copper Zones in NCZ001. In particular, we are excited to see the significant intersection within the Garth Daniel Zone. The 22-metre intersection grading 3.7% copper equivalent we believe continues to demonstrate the prospectivity of the Parys Mountain mineralised system.”
“Infill drilling of these mineralised zones will play a crucial role in the development studies for Parys Mountain. The primary target for this program is to provide additional pierce points to enable the current Inferred resources to be upgraded to the Indicated category. The second drill hole, NCZ002, is currently at a depth of around 360 metres with the Northern Copper Zone target estimated to commence at a downhole depth of around 420 metres”.
Golden Yolks for those buying eggs here….
More colour games….. good sign for me… smoke
Bon Voyage
Looking forward to the possible outcomes of this trip down-under….
My gosh.... we are back to the fun stuff...
Don’t trust the trade colour btw…..
Today they trick you….
Gosh... this basic stuff eh!
Happy Friday ECR-lovers!
I have resisted posting much but as it's nearly the weekend......
This week's Lolworth RNS was a nice sensible summation of progress and work on what is a large greenfield licence. All the works carried out shows good promise for the future and justifies the next steps in exploration. There is nothing 'bad' in there. The next logical steps will commence in the spring. (tick)
The new team at ECR, who have interesting reputations and pasts, are doing exactly what they said they would from the outset and have critically commenced selling off some non-core assets. (tick) I'd expect a bit more of that. They have also commenced some fast and low cost drilling back on the most historically fruitful Victoria site. Not a bad idea it would seem. (tick... or big tick in waiting)
Lots more communication than before (tick), via all the usual channels. Why ever not??? I want a pic of the drilling rig and I want to see the depth sample boxes at Davey Road. Why wouldn't you? The local chap picking nuggets of surface was great!
It's pretty clear what will get this party really started. Some decent grades from the recent Davey Road drills. Same from coming Cuboid. Any JV on other Victoria licences... surely too much for ECR to do on its own, considering the spring return to Lolworth.... and Konda-P.....
Cripes, there is soooo much they could do..... any hits / wins / sales / deals will send this significantly north from here because here is an MCap sub £4 million for an explorer in a safe jurisdiction with multiple licences in the right places.
Foolish posts about nuggets and bars will continue, but all those posting, many who have been in ECR longer than I have, know exactly what is at stake. I suspect few, or more precisely, none are actually unhappy with the changes since last October.
Happy 2024 ECR. ?
I knew you meant Cuboid.....
Based on the extensive knowledge on here... when might one reasonably expect hole 2 to be complete do we know?
They are long drills so I know they take a while. Hoping for some new core picture on Twitter/X.... obviously hole 3 same location but different angle to speed matters....
Any kind of decent hit and this will bag…..or multi-bag.
You have to place your bet to win on the nags. Just watching gets you nowt…
Yes... there is so much news in the pipeline and the next wave of RC drilling at Creswick... the X news flow will be starting very soon I'd wager....
Really great read... more reason to bid like F for ATM
Trying to picture 100m of copper zone down there.......Nice!
Something is telling me this will happen... how, when...... pretty exciting!! GLA
Thanks Brentharg
Very interesting to read. Mad things those Cosmic rays!!! The Chemistry/Physics reads like science fiction but a cool way of locating and proving the presence of denser material/elements in rock strata. Will be very interesting to see the results.
I assume the tool used is not available at Argos hence not wanting to risk it's loss in a fracture section of drill hole....